U.S. Crude Oil Inventories Fall 9.12 Million Barrels for Week Ending June 5, Beating Expectations

According to API data, U.S. crude oil inventories fell by 9.119 million barrels for the week ending June 5, significantly exceeding market expectations of a 3.421 million barrel decline and marking a larger drawdown compared to the prior week's 6.757 million barrel decrease.
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